Industry (including construction), value added (constant 2015 US$) in Latin America & Caribbean
Latin America & Caribbean: Industry (including construction), value added (constant 2015 US$) was 1.67 trillion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
1.67 trillion constant 2015 US$
Change on year
up 1.2%
Rank
18th
of 45 groups
All-time high
1.67 trillion constant 2015 US$
in 2025
All-time low
320.89 billion constant 2015 US$
in 1965
Years of data
61
1965–2025
Industry (including construction), value added in Latin America & Caribbean, 1965–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added in Latin America & Caribbean is 1.67 trillion constant 2015 US$, measured in 2025. That is the highest value across all 61 years on record.
The figure is up 1.2% on the previous year and up 6.0% over ten years.
Over the whole period, industry (including construction), value added in Latin America & Caribbean peaked at 1.67 trillion constant 2015 US$ in 2025 and was at its lowest, 320.89 billion constant 2015 US$, in 1965.
Latin America & Caribbean ranks 18th of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 61 years of available data.
Industry (including construction), value added (constant 2015 US$) in Latin America & Caribbean, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1965 | 320.89 billion constant 2015 US$ | — |
| 1966 | 342.94 billion constant 2015 US$ | +6.9% |
| 1967 | 360.70 billion constant 2015 US$ | +5.2% |
| 1968 | 392.17 billion constant 2015 US$ | +8.7% |
| 1969 | 426.00 billion constant 2015 US$ | +8.6% |
| 1970 | 456.00 billion constant 2015 US$ | +7.0% |
| 1971 | 485.67 billion constant 2015 US$ | +6.5% |
| 1972 | 526.64 billion constant 2015 US$ | +8.4% |
| 1973 | 575.03 billion constant 2015 US$ | +9.2% |
| 1974 | 613.63 billion constant 2015 US$ | +6.7% |
| 1975 | 626.63 billion constant 2015 US$ | +2.1% |
| 1976 | 666.97 billion constant 2015 US$ | +6.4% |
| 1977 | 692.95 billion constant 2015 US$ | +3.9% |
| 1978 | 727.26 billion constant 2015 US$ | +5.0% |
| 1979 | 782.54 billion constant 2015 US$ | +7.6% |
| 1980 | 828.32 billion constant 2015 US$ | +5.9% |
| 1981 | 824.60 billion constant 2015 US$ | -0.4% |
| 1982 | 811.72 billion constant 2015 US$ | -1.6% |
| 1983 | 770.00 billion constant 2015 US$ | -5.1% |
| 1984 | 804.92 billion constant 2015 US$ | +4.5% |
| 1985 | 831.22 billion constant 2015 US$ | +3.3% |
| 1986 | 862.15 billion constant 2015 US$ | +3.7% |
| 1987 | 884.57 billion constant 2015 US$ | +2.6% |
| 1988 | 882.71 billion constant 2015 US$ | -0.2% |
| 1989 | 897.89 billion constant 2015 US$ | +1.7% |
| 1990 | 887.07 billion constant 2015 US$ | -1.2% |
| 1991 | 908.98 billion constant 2015 US$ | +2.5% |
| 1992 | 921.37 billion constant 2015 US$ | +1.4% |
| 1993 | 955.21 billion constant 2015 US$ | +3.7% |
| 1994 | 1.01 trillion constant 2015 US$ | +5.5% |
| 1995 | 990.97 billion constant 2015 US$ | -1.7% |
| 1996 | 1.04 trillion constant 2015 US$ | +5.0% |
| 1997 | 1.11 trillion constant 2015 US$ | +6.3% |
| 1998 | 1.13 trillion constant 2015 US$ | +2.3% |
| 1999 | 1.12 trillion constant 2015 US$ | -1.1% |
| 2000 | 1.16 trillion constant 2015 US$ | +3.6% |
| 2001 | 1.14 trillion constant 2015 US$ | -1.3% |
| 2002 | 1.14 trillion constant 2015 US$ | -0.0% |
| 2003 | 1.17 trillion constant 2015 US$ | +2.6% |
| 2004 | 1.25 trillion constant 2015 US$ | +6.1% |
| 2005 | 1.29 trillion constant 2015 US$ | +3.3% |
| 2006 | 1.35 trillion constant 2015 US$ | +4.8% |
| 2007 | 1.40 trillion constant 2015 US$ | +4.0% |
| 2008 | 1.43 trillion constant 2015 US$ | +2.3% |
| 2009 | 1.36 trillion constant 2015 US$ | -4.9% |
| 2010 | 1.45 trillion constant 2015 US$ | +6.5% |
| 2011 | 1.51 trillion constant 2015 US$ | +4.2% |
| 2012 | 1.54 trillion constant 2015 US$ | +1.6% |
| 2013 | 1.57 trillion constant 2015 US$ | +2.0% |
| 2014 | 1.58 trillion constant 2015 US$ | +0.7% |
| 2015 | 1.57 trillion constant 2015 US$ | -0.3% |
| 2016 | 1.55 trillion constant 2015 US$ | -1.3% |
| 2017 | 1.56 trillion constant 2015 US$ | +0.6% |
| 2018 | 1.57 trillion constant 2015 US$ | +0.6% |
| 2019 | 1.55 trillion constant 2015 US$ | -1.2% |
| 2020 | 1.44 trillion constant 2015 US$ | -7.6% |
| 2021 | 1.55 trillion constant 2015 US$ | +7.8% |
| 2022 | 1.60 trillion constant 2015 US$ | +3.6% |
| 2023 | 1.63 trillion constant 2015 US$ | +1.9% |
| 2024 | 1.65 trillion constant 2015 US$ | +0.9% |
| 2025 | 1.67 trillion constant 2015 US$ | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 368.54 billion constant 2015 US$ | 320.89 billion constant 2015 US$ | 426.00 billion constant 2015 US$ | 5 |
| 1970s | 615.33 billion constant 2015 US$ | 456.00 billion constant 2015 US$ | 782.54 billion constant 2015 US$ | 10 |
| 1980s | 839.81 billion constant 2015 US$ | 770.00 billion constant 2015 US$ | 897.89 billion constant 2015 US$ | 10 |
| 1990s | 1.01 trillion constant 2015 US$ | 887.07 billion constant 2015 US$ | 1.13 trillion constant 2015 US$ | 10 |
| 2000s | 1.27 trillion constant 2015 US$ | 1.14 trillion constant 2015 US$ | 1.43 trillion constant 2015 US$ | 10 |
| 2010s | 1.55 trillion constant 2015 US$ | 1.45 trillion constant 2015 US$ | 1.58 trillion constant 2015 US$ | 10 |
| 2020s | 1.59 trillion constant 2015 US$ | 1.44 trillion constant 2015 US$ | 1.67 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & Caribbean
- 15 Saudi Arabia 335.20 billion constant 2015 US$ compare
- 16 Turkey 330.83 billion constant 2015 US$ compare
- 17 Spain 270.61 billion constant 2015 US$ compare
- 18 Ireland 240.49 billion constant 2015 US$ compare
- 19 Switzerland 232.65 billion constant 2015 US$ compare
- 20 Iran 184.30 billion constant 2015 US$ compare
- 21 United Arab Emirates 181.76 billion constant 2015 US$ compare
More economy & growth data for Latin America & Caribbean
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 90.45 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0082 BoP, current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,410 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Latin America & Caribbean?
- Industry (including construction), value added in Latin America & Caribbean was 1.67 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Latin America & Caribbean?
- The highest recorded value was 1.67 trillion constant 2015 US$ in 2025.
- What is the lowest industry (including construction), value added recorded in Latin America & Caribbean?
- The lowest recorded value was 320.89 billion constant 2015 US$ in 1965.
- How does Latin America & Caribbean rank for industry (including construction), value added?
- Latin America & Caribbean ranks 18th out of 45 groups with data for 2025.
- Is industry (including construction), value added rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 6.0%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.